The board of directors of IDFC First Bank Limited has approved the merger of IDFC Limited and IDFC First Bank. The proposed consolidation will unite the two elements into a solitary establishment and ...

The key details of the merger include the appointed date of 30 September 2024, for the merger of IDFC Financial Holding Company (IDFC FHCL) into IDFC IDFC has announced the approval of its ...

IDFC First Bank on Friday announced the completion of merger of IDFC Limited with the bank. This follows the receipt of all requisite shareholder and regulatory approvals, the bank said in a statement ...

The Board of Directors of IDFC and IDFC Financial Holding approved merger between both the entities and announced a share exchange ratio of 155 shares of IDFC FIRST Bank for every 100 shares held in ...

Shares of IDFC, however, erased all gains soon and traded 0.14 per cent lower at ₹108.95 around 9:45 am while shares of IDFC First Bank were down 5.09 per cent at ₹77.77. As Mint reported earlier, the ...

Shares of IDFC First Bank rose on Wednesday after the private lender said its advances grew by 24.50 per cent on a year-on-year (YoY) basis and 6.70 per cent sequentially (quarter-on-quarter) in the ...

July 3 (Reuters) - IDFC First Bank said on Monday its board had given the green light for a merger with IDFC Ltd, just days after the landmark $40 billion merger between Housing Development Finance ...

Shares of IDFC First Bank plunged nearly 6 per cent in Tuesday's trade while those of IDFC Limited gained over 6 per cent following the announcement of swap ratio for the proposed merger between the ...

RBI has given its nod for the reverse merger of IDFC Ltd with its banking subsidiary IDFC First Bank. As part of the composite scheme of amalgamation, IDFC FHCL would first merge with IDFC and then ...

IDFC-IDFC First Bank Merger: Shares of IDFC First Bank Limited, private lender, will remain in focus next week because of the record date of the merger proposal. In its meeting held last month on ...

“This is with reference to the news article in economic times‐ Mumbai on November 16, 2022 captioned “IDFC Merger may be Delayed on Fair Value Issue…..The above mentioned article is baseless, false ...

IDFC Ltd has received a green light from NCLT, Chennai for the merger of IDFC Financial Holding Company with IDFC and their merger into IDFC First Bank. (Bloomberg) This, the company added, is in ...